|Non-insurable crop loss signup underway|
|Written by Submitted|
|Sunday, February 24, 2013 9:28 PM|
The sign-up deadline for producers of 2013 nonisurable spring planted crops to obtain protection from loss, due to natural disaster, under provisions of the Non-Insured Assistance Program will be Friday, March 15, said Michael E. Kohlsdorf, county executive director, Dearborn-Ohio County Farm Service Agency.
Spring planted crops include green beans, melons, potatoes, peppers, tomatoes, etc. Protection coverage will be available at a cost of $250 per crop with a maximum of $750 per county. Multi-county producers will not be charged more than $1,875 total even if there are more than three crops per county covered.
The NAP coverage will be very similar to Catastrophic (CAT) insurance provided by Federal Crop Insurance. Coverage will be available on losses exceeding 50 percent of the farm yield or the county established average yield for the crop. Eligibility for loss payments is no longer contingent on establishment of a NAP area where a minimum of five producers suffered a loss on the same crops and the same loss event.
Payments to individuals who suffer qualifying loss will be calculated based on 50 percent of the yield and 55 percent of the market price for the crop. Notice of loss must be made within 15 days after damage occurs or is apparent.
For further details concerning NAP coverage for your spring noninsurable crops, contact the Dearborn-Ohio County FSA Office at 1-812-926-2406, ext. 2, Monday through Friday from 8 a.m. to 4:30 p.m.